Prime Capital Investment Advisors LLC decreased its holdings in FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 6.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,373 shares of the business services provider’s stock after selling 173 shares during the period. Prime Capital Investment Advisors LLC’s holdings in FactSet Research Systems were worth $1,061,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Fifth Third Bancorp raised its stake in FactSet Research Systems by 1.6% during the 1st quarter. Fifth Third Bancorp now owns 1,470 shares of the business services provider’s stock valued at $668,000 after buying an additional 23 shares during the last quarter. Birch Capital Management LLC boosted its stake in shares of FactSet Research Systems by 0.3% in the 1st quarter. Birch Capital Management LLC now owns 8,611 shares of the business services provider’s stock worth $3,915,000 after buying an additional 25 shares during the last quarter. Alps Advisors Inc. boosted its stake in shares of FactSet Research Systems by 3.1% in the 1st quarter. Alps Advisors Inc. now owns 822 shares of the business services provider’s stock worth $374,000 after buying an additional 25 shares during the last quarter. Integrated Investment Consultants LLC increased its position in FactSet Research Systems by 0.8% during the first quarter. Integrated Investment Consultants LLC now owns 3,056 shares of the business services provider’s stock valued at $1,389,000 after acquiring an additional 25 shares during the last quarter. Finally, Horizon Investments LLC increased its position in FactSet Research Systems by 4.8% during the first quarter. Horizon Investments LLC now owns 544 shares of the business services provider’s stock valued at $247,000 after acquiring an additional 25 shares during the last quarter. Institutional investors own 91.24% of the company’s stock.
Insider Buying and Selling at FactSet Research Systems
In related news, EVP Helen L. Shan bought 370 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The stock was purchased at an average price of $275.48 per share, for a total transaction of $101,927.60. Following the completion of the transaction, the executive vice president owned 9,284 shares in the company, valued at $2,557,556.32. The trade was a 4.15% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Christopher Mcloughlin purchased 338 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The stock was bought at an average price of $296.19 per share, for a total transaction of $100,112.22. Following the purchase, the insider owned 3,446 shares in the company, valued at approximately $1,020,670.74. This represents a 10.88% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 1.10% of the company’s stock.
FactSet Research Systems Trading Up 0.5%
FactSet Research Systems (NYSE:FDS – Get Free Report) last announced its quarterly earnings data on Thursday, September 18th. The business services provider reported $4.05 EPS for the quarter, missing the consensus estimate of $4.13 by ($0.08). FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The business had revenue of $596.90 million during the quarter, compared to analysts’ expectations of $593.32 million. During the same quarter in the previous year, the firm earned $3.74 earnings per share. FactSet Research Systems’s revenue was up 6.2% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.
FactSet Research Systems Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Friday, August 29th were paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Friday, August 29th. FactSet Research Systems’s dividend payout ratio (DPR) is 28.30%.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on FDS shares. Rothschild Redb upgraded FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research note on Friday, September 12th. Stifel Nicolaus dropped their price objective on shares of FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating on the stock in a report on Friday, September 19th. UBS Group upgraded shares of FactSet Research Systems from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $480.00 to $425.00 in a research report on Monday, September 22nd. Wells Fargo & Company decreased their price target on shares of FactSet Research Systems from $355.00 to $296.00 and set an “underweight” rating on the stock in a research report on Friday, September 19th. Finally, Huber Research upgraded FactSet Research Systems to a “strong sell” rating in a research note on Friday, September 19th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $356.78.
Get Our Latest Stock Analysis on FactSet Research Systems
FactSet Research Systems Company Profile
FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.
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